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The Latest Breaking News from Kwasi Kwarteng

Bank of England warns of ‘significant’ rate rises amid sterling turmoil

The Chancellor sought to reassure investors as the Bank of England’s chief economist said they could not ignore the fall in sterling

Evening Standard

Buoyant Labour think Truss’s ‘scorched earth’ approach can pave their way to power OLD REDIRECTED

Delegates beginning to believe that Tory missteps will put Keir Starmer in Downing Street

The Independent UK

Truss and Kwarteng had row over sterling crisis response, say Whitehall sources

First signs of friction between PM and chancellor emerge as pound falls to historic low after mini-budget

The Guardian - UK

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MP Rupa Huq suspended after calling Chancellor Kwasi Kwarteng 'superficially' black

In audio published online, Ms Huq can be heard discussing Mr Kwarteng’s elite school background

Wales Online

UK Government accused of 'robbing young people of home ownership' as mortgage offers vanish

THE SNP has accused the Tory UK Government of "robbing young people of their dream of home ownership" and "pushing families into…

The National (Scotland)

Was the mini-budget a cunning Tory plan?

Letter: If they lose the next election this will leave the incoming Labour government with a wrecked economy to repair and only five years to do it, writes Ray Perham

The Guardian - UK

Tory donor's firm which employed Kwasi Kwarteng rakes in millions betting against pound

Crispin Odey - who The Mirror previously revealed made £220 million overnight after the Brexit vote - has overseen a 145% rise in his company's main fund this year, as Tory fury mounts over traders "shorting" the pound

Daily Mirror

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‘The jewel has lost its shine’: how the world reacted to the UK’s pound crisis

The turmoil stirred condemnation in the US, bitter memories in Greece and interest among holidaymakers in Singapore

The Guardian - UK

Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England

Chief economist says mini-budget will increase inflationary pressure in remarks likely to further spook mortgage borrowers

The Guardian - UK

Labour suspends MP heard calling Chancellor Kwasi Kwarteng ‘superficially’ black

Rupa Huq is understood to have been placed on administrative suspension.

The Independent UK

Labour MP Rupa Huq suspended after 'racist' comment on Kwasi Kwarteng

The MP provoked outrage when she described the Tory Chancellor as a "superficially black man" at a fringe event during the party conference.

Daily Mirror

Rupa Huq apologises to Kwasi Kwarteng for ‘ill-judged’ comments

Party whip suspended after Labour MP accused of making ‘racist’ comment about chancellor

The Guardian - UK

Labour removes party whip after MP calls Kwarteng ‘superficially’ black

In audio published online, Rupa Huq was heard discussing the chancellor’s private school background

The Independent UK

Labour MP heard calling Chancellor Kwasi Kwarteng ‘superficially’ black

Labour leader Sir Keir Starmer is facing calls to suspend MP Rupa Huq after she described Chancellor Kwasi Kwarteng as “superficially” black. In audio published online, Ms Huq can be heard discussing his elite school background, before adding that “you wouldn’t know he is black” when listening to him on…

Evening Standard

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The Independent UK

How Kwasi Kwarteng’s budget damaged the economy and what will happen now

Policy Correspondent Jon Stone unpacks how unfunded tax cuts pulled the rug out from under the UK economy

Evening Standard

Labour MP Rupa Huq suspended after calling Chancellor Kwasi Kwarteng ‘superficially’ black

Huq has offered the Chancellor ‘sincere and heartfelt apologies’ for her ‘ill-judged’ comments

The Conversation

Is the UK in a recession? How central banks decide and why it's so hard to call it

Last week, UK chancellor Kwasi Kwarteng launched a bid to boost economic growth with the largest tax cutting exercise for half a century. What this so-called mini-budget has since overshadowed, however, was an admission by the Bank of England the previous day that the UK may already be in a…

The Guardian - UK

The markets are in meltdown – but at least Kwasi Kwarteng’s doomsday cult isn’t to blame

The chancellor has spent his life praising free markets. Shame they don’t feel the same way about him, says Guardian columnist Marina Hyde

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Daily Mirror

Labour MP Rupa Huq faces backlash after calling Kwasi Kwarteng 'superficially Black'

The Labour MP for Ealing Central and Acton went on to say, 'You wouldn’t know he is black' when listening to him on the radio. She was speaking at a Labour fringe event in Liverpool.

The National (Scotland)

Labour MP suspended after calling Kwasi Kwarteng 'superficially black'

LABOUR leader Sir Keir Starmer is facing calls to suspend MP Rupa Huq after she described Chancellor Kwasi Kwarteng as “superficially…

Evening Standard

Kwasi Kwarteng ‘confident’ growth plan will work despite market turmoil

The Chancellor has told City investors that he is committed to ‘fiscal discipline’.

The Independent UK

Labour MP says Chancellor Kwasi Kwarteng is ‘superficially’ black

Tory chair says Keir Starmer should suspend Rupa Huq over comments

The Independent UK

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

The Guardian - UK

Day Today ‘Pound stolen’ sketch goes viral after sterling tanks

Social media users post sardonic British humour after Liz Truss and Kwasi Kwarteng’s mini-budget

The Guardian - UK

UK government bonds: why are yields rising and why does it matter?

Britain’s borrowing costs have soared as investors turn sour on prospects for economy

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